The AIIM Blog

Keep your finger on the pulse of Intelligent Information Management with industry news, trends, and best practices.

Blog Feature

Accounting and Finance  |  Automation

5 Ways to Improve Mortgage Banking with Automation

If there was ever an industry in need of automation, it would be the mortgage lending industry. This industry is plagued by time-consuming and error-prone, paper and labor-intensive processes, front-end systems that do not communicate efficiently with back-end systems, and third-parties that are often not integrated into the process electronically. These problems are exacerbated by the huge volume of loans that are generated each year (nearly 5 million new consumer mortgages alone). Content management is a key enabling technology in solving these problems.

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Accounting and Finance  |  Automation

Analytics and Digital Transformation Are the REAL Reason to Automate Financial Processes – Part 3 of 3

According to the American Productivity and Quality Center, an amazing 74% of organizations are currently engaged in a finance process improvement initiative. Why are they doing this?  And how does this tie to broader Digital Transformation initiatives?

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14 Steps to a Successful ECM Implementation

Making an ECM implementation successful requires planning and attention to detail. The best way to create the right solution is to identify organizational goals and priorities. Learn how to manage a successful implementation in our free guide.

Blog Feature

Accounting and Finance  |  Automation

Financial Process Automation: A Huge Untapped Source of Potential Cost Reduction

This is the second of three posts on the theme -- CFOs and Finance Directors: Neglected Players in the Drive for Digital Transformation. The first post was here. The core point of the three posts is the financial process automation creates a value stream in two directions. It is a proven source of cost reduction for companies looking for marginal but sustaining competitive advantage, something that Finance Directors can use to "manage up" in their organizations in making a case for resources to drive financial process automation, which is the focus of this post. Financial process automation also creates the foundation for sound analytics and business intelligence, a priority of great concern to the C-Suite, which will be the focus of the third post.

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Accounting and Finance  |  Process Automation

CFOs and Finance Directors: Neglected Players in the Drive for Digital Transformation

This is the first of three posts reflecting thoughts on the role of Financial Process Automation in Digital Transformation. Yes, you read that right, and I realize it could be argued that this is one of the great oxymorons ever, combing "Financial Process Automation" and "Digital Transformation" in the same sentence. But stick with me. Every business operates on a pretty thin line between success and failure, and technology disruption is making this line sharper every day.

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Accounting and Finance  |  Paperless Office

Soy Sauce and a Paper-Free Office: An Accountant’s Story

When I think about World Paper Free Day, I am reminded of when we renovated and reduced our office space a few years back. The end goal was a more open, collaborative environment while reducing costs. I spent a lot of time researching and planning for an open-space plan.

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Accounting and Finance  |  Paperless Office

Paper vs. Electronic Transactions: How Far We've Come

AIIM Board member John Chickering, always on the prowl for interesting information, spotted some data from the Federal Reserve that illustrates just how far we have come in the world of paperless transactions.

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